Beware, SpiralFrog and Imeem. A powerful new player is eyeing your ad-supported music turf.
MySpace.com is in talks with the four major record labels about starting a free-to-consumer music service, a source with knowledge of the talks told CNET News.com on Monday night. So far MySpace and the labels are just talking, the source said, but PaidContent, the blog that broke the news, reported that the music companies are being offered an equity stake in the News Corp.-backed start-up.
A MySpace spokeswoman declined to comment Monday evening.
There are conflicting reports about whether the new music service … Read more